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Ericsson (ERIC)

(Real Time Quote from BATS)

$7.28 USD

7.28
9,472,268

+0.06 (0.83%)

Updated Sep 9, 2024 03:04 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

B Value B Growth D Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 38% (154 out of 249)

Industry: Wireless Equipment

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Zacks News

ERIC or QCOM: Which Is the Better Value Stock Right Now?

by Zacks Equity Research

ERIC vs. QCOM: Which Stock Is the Better Value Option?

ADTRAN Boosts Smart Home Connectivity with Plume Tie-up

by Zacks Equity Research

ADTRAN (ADTN) collaborates with Plume to streamline home networking solutions through a combination of support tools and business intelligence across the country.

Ritujay Ghosh headshot

5 Tech Stocks to Gain From the Work-From-Home Model

by Ritujay Ghosh

The coronavirus outbreak has compelled people to stay and work from home, helping tech companies and software vendors that offer working facilities from remote locations.

Ericsson Supports ABB Power Grid With Modern 5G Connectivity

by Zacks Equity Research

Ericsson (ERIC) will deploy its 5G-ready Industry Connect technology for smart factory connectivity in ABB Power Grid as part of the latter's digitization process.

Supriyo Bose headshot

Telecom Stock Roundup: AT&T & Ericsson's Q1 Earnings Match Estimates, & More

by Supriyo Bose

Despite the worldwide coronavirus-led mayhem that caused short-term financial impacts, both AT&T (T) and Ericsson's (ERIC) first-quarter 2020 adjusted earnings match estimates.

Ericsson (ERIC) Q1 Earnings Meet Estimates, Warns on Slowdown

by Zacks Equity Research

Ericsson's (ERIC) first-quarter 2020 results reflect momentum for 5G in North America, Saudi Arabia and Japan. The company cautions that the economic slowdown caused by COVID-19 could hurt operations.

AT&T (T) Q1 Earnings in Sync With Estimates, Revenues Miss

by Zacks Equity Research

AT&T (T) records lower first-quarter 2020 revenues due to coronavirus outbreak while adjusted earnings match estimates.

Ericsson-GCI Partnership Brings First 5G Service in Alaska

by Zacks Equity Research

Ericsson (ERIC) collaborates with General Communication to deploy 5G network in Alaska, benefiting the latter with seamless network infrastructure and better customer experience.

Ericsson (ERIC) to Report Q1 Earnings: What's in the Offing?

by Zacks Equity Research

Ericsson's (ERIC) first-quarter performance is likely to have benefited from momentum in business led by its strategy to increase investments for technology leadership, including 5G.

Suranjana Roy headshot

Hostile Takeover Bid for Nokia: Will it Redefine Industry Metrics?

by Suranjana Roy

Amid fierce competition and pricing pressure, Nokia is reportedly on the verge of a hostile takeover by an unnamed private equity firm.

Supriyo Bose headshot

Telecom Stock Roundup: Knowles' Initial Results, Intelsat's Bankruptcy Loan, & More

by Supriyo Bose

While Knowles (KN) issues preliminary results for first-quarter 2020, Intelsat (I) is seeking the cushion of a bankruptcy loan to sustain operations.

Nokia Reinforces Audio Technology With OnePlus Partnership

by Zacks Equity Research

Nokia (NOK) secures a deal with OnePlus to incorporate its proprietary OZO Audio technology in the latter's flagship model, OnePlus 8 Pro.

Ericsson (ERIC) to Offer 5G Access to Nex-Tech Wireless

by Zacks Equity Research

The contract is likely to enable Nex-Tech to have a smooth transition from 4G to the super-fast 5G technology, leveraging on the technological prowess of Ericsson (ERIC).

Ericsson-Magyar Telekom Partnership Brings 5G in Hungary

by Zacks Equity Research

Ericsson's (ERIC) Radio System enables smooth and cost-effective migration from 4G to 5G network, supporting communications service providers to launch the avant-garde technology.

Nokia Deploys Spectrum Sharing to Expand AirScale Portfolio

by Zacks Equity Research

Nokia (NOK) launches dynamic spectrum sharing solution and AirScale All-in-Cloud base station that enables CSPs to support 5G network deployments as well as optimize cloud services on a global scale.

Ericsson Boosts Medical Facilities to Tackle COVID-19 Crisis

by Zacks Equity Research

Ericsson (ERIC) deploys specialized task forces with mission-critical technologies to support various public health institutions in China during the coronavirus pandemic.

Ericsson to Boost Tracking Solutions With IoT Connectivity

by Zacks Equity Research

Ericsson's (ERIC) IoT Accelerator provides enterprises with a solution that manages IoT operations using worldwide mobile network infrastructure.

Nokia Stirs Telco Space With 5G-Backed Automated Operations

by Zacks Equity Research

Nokia (NOK) launches a first-of-its-kind AI-backed service offering that enables CSPs to support future network evolution, and optimize enterprise and cloud services on a global scale.

Nokia Boosts Optical Solutions With Elenion Acquisition

by Zacks Equity Research

Nokia (NOK) acquires Elenion to boost economies of optical connectivity solutions and accelerate the scale of its advanced networking applications in the global arena.

Ericsson Augments Network Managed Services With MTN Group

by Zacks Equity Research

Ericsson (ERIC) collaborates with MTN Group to deploy fully integrated network managed services and boost network digitalization efforts in Benin.

Ericsson (ERIC) Gains But Lags Market: What You Should Know

by Zacks Equity Research

Ericsson (ERIC) closed the most recent trading day at $7.43, moving +0.04% from the previous trading session.

Nokia & Sprint Augment 5G Network With Software Upgrade

by Zacks Equity Research

Nokia (NOK) collaborates with Sprint to achieve a record-breaking deployment of 5G network technology through a software upgrade over Nokia's much-acclaimed AirScale solution.

Ericsson (ERIC) to Modernize COSMOTE's Network for 5G Era

by Zacks Equity Research

Ericsson's (ERIC) radio access technologies offer the infrastructure needed to meet the increasing demand for high-bandwidth connections.

Ericsson to Help SmarTone Build 5G Network in Hong Kong

by Zacks Equity Research

Ericsson's (ERIC) Spectrum Sharing allows communications service providers to run LTE and 5G New Radio simultaneously on the same carrier frequencies and base station hardware.

Ericsson to Modernize Teracom's Network for Digital Sweden

by Zacks Equity Research

Ericsson's (ERIC) Radio System provides a powerful mobile broadband with optimized total cost of ownership per gigabyte and efficient 5G introduction.